EDE - Eden Innovations

[nioka]

Re: EDE - Eden Energy

Patience is being rewarded for the long suffering EDE holders. The gains today are the result of the nanotube research finally paying off and commercial reality being achieved. Read todays company announcement for details.

My recent suggestion that there may be another SPP is probably correct. I can also see this division of the company being spun off as part of a capital raising.

 

[nioka]

Re: EDE - Eden Energy

It is not often that a stock jumps over 50% in one day and that rise doesnt attract a plethera of posts on a stock forum. It looks like EDE is either a quiet achiever or all the supporters that this stock had on EDE have given up. Why not have a look and do a little research, it may pay off. I'd hope you are not too late.

 

[spongetom]

Re: EDE - Eden Energy

Are you going to continue to hold or sell at this price?

I personally think I will hold (very small amount).

 

[Mad Mel]

Re: EDE - Eden Energy

Are you going to continue to hold or sell at this price?

I personally think I will hold (very small amount).

I like the potential of both the carbon and hythane businesses, so I'm in it for the long term. That said, my guess is that the current SP will drop significantly over time. EDE historically has long stretches of time between significant announcements, so the SP usually dwindles downward between the spikes when an announcement is made.

 

[nioka]

Re: EDE - Eden Energy

Are you going to continue to hold or sell at this price?

I personally think I will hold (very small amount).

I'll definitely hold long term.

 

[nioka]

Re: EDE - Eden Energy

I like the potential of both the carbon and hythane businesses, so I'm in it for the long term. That said, my guess is that the current SP will drop significantly over time. EDE historically has long stretches of time between significant announcements, so the SP usually dwindles downward between the spikes when an announcement is made.

You may be right. There may be some initial profit taking. However there has not been a positive move to production at any time in the past. This time the announcement is different so the reaction may also be different.

 

[comrade Boris]

Re: EDE - Eden Energy

Hi All.


If I have read this right.....

Their trial plant(LAB) they have right now can produce 3 tonnes per annum. The premium product is expected to get approx $400 per Kg, which would generate $1.2 Million per annum.

The scale up of their new plant, due to be completed by "years end" should produce 100,000 Tonnes a year. Best case production and quality scenario of producing 100,000Tonnes at $400 a kilo is......... $40 Million a year.

"keep in mind that Absolute top shelf products can still fetch between $20,000 - $50,000 per kilo."
The big fella himself got his hands on 200,000 more shares.

I'm in it for the long term

Any thoughts?

Cheers

 

[Mad Mel]

Re: EDE - Eden Energy

<snip>

The scale up of their new plant, due to be completed by "years end" should produce 100,000 Tonnes a year. Best case production and quality scenario of producing 100,000Tonnes at $400 a kilo is......... $40 Million a year.</snip>

Boris;

Mostly right but I think you may have mixed the units up (100,000kg / year, rather than tonnes). But the $40M for 100 tonnes is correct. However, EDE is saying 25-100 tonnes per year from the production plant, a pretty wide range. Also, I wonder if the price may drop as more of the product becomes available.

That said, I'm pretty stoked about how quickly they got the trial plant up and running, it makes me hopeful for the production plant.

Nioka, you raise a good point about the type of announcement. Here's hoping that you're correct.

 

[bbker]

Re: EDE - Eden Energy

Nice to see a little price jump after that media release on the energy saving fuel kit.

 

[nioka]

Re: EDE - Eden Energy

EDE remains one of my most exciting spec stocks. EDE has been slow out of the blocks but now seems set to run a good race. The last couple of months has seen progress in three different avenues, any of the three could justify the present SP.

1. The Optiblend technology has proven its commercial value. Trials of the first optiblend kits have shown that they can repay their cost within 12 months. Sales are now being made in a few different countries. Repeat orders seem certain.
The optiblend unit can be fitted to most diesel engines and replaces up to 75% of diesel with natural gas. This is useful where diesel power generators are used and natural gas is available.

2. EDE is now Australias first commercial producer of carbon fibre nanotubes. As production is increased and the quality proven in the market this part of the companies business could be a stand alone earner. In the meantime it is providing the company with much needed income. Hydrogen is a byproduct and is required for Hythane manufacture

3. The first Hythane fuelled vehicle is now in operation. From a company announcement;

"First US Hythane Bus to Begin Operation
The Town of Hempstead, New York has taken delivery of a Ford E-450 shuttle that runs on Hythane ® fuel, a blend of 80% natural gas and 20% hydrogen by volume. It is the first implementation of the calibration for this vehicle in the US, setting an example for future projects. The calibration was developed jointly by Hythane and BAF Technologies, and is now available as a standard order though BAF.
The shuttle will be used for the Town of Hempstead’s Senior Enrichment Program, benefiting the community while providing emissions reductions. This vehicle, running on the Hythane ® fuel blend, will provide a 10.5% reduction in CO2, a 40% reduction in non-methane hydrocarbons, a 49% reduction in CH4 emissions, and a 70% reduction in particulate matter over the natural gas version of this engine.
This is the same vehicle calibration that will be used for Hythane Company’s San Francisco Airport (SFO) fueling project, proving its flexible use. “With a standard offering for a vehicle, Hythane projects are much easier to implement,” stated Roger Marmaro, CEO of Hythane. The SFO is set to begin construction this year, and will have up to 27 of these vehicles in operation."

Hythane has been slow to progress in India but progress appears to being made there also.

Then we have a director buying on market at 11c+. What better show of confidence can you have than that.

DYOR. I've done mine and I'm happy to hold a few hundred thousand EDE. Remember that TAS also is a major shareholder in EDE

 

[nioka]

Re: EDE - Eden Energy

More good news from EDE with the granting on more patents to protect the Hythane technology. from the company announcement:

AUSTRALIAN SECURITIES EXCHANGE ANNOUNCEMENT
4 March 2011
Key Patents Granted to Eden Energy’s Subsidiary
Four overseas patent applications have been granted for Australian green energy technologist,
Eden Energy Limited, providing greater protection for the Company’s emerging globally
focused green fuel product developments.
Eden (ASX: “EDE”) announced today that the patents had been granted for technology
developed by its United States subsidiary, Hythane Company, strengthening particularly
Eden’s intellectual property base for both Hythane ® and hydrogen.
Two of the patents, one in the United States and a second in Canada, cover a comprehensive
range of specific methods, developed by the Company, for blending and compressing
hydrogen-enriched natural gas fuels, known as Hythane ®.
As previously announced, Eden Energy is involved with developing and promoting Hythane ®
refueling stations and vehicle projects in India and the United States.
The other two new patents are US patents that are continuations of previously granted
applications.
US Patent No. 7,721,682, covers the entire Hythane ® system, including production,
dispensing, vehicular use and monitoring, and emissions tracking throughout the entire
process. This type of “well-to-wheels” tracking is a general prerequisite for emissions credit
trading programs, such as for Oxides of Nitrogen (NOx) and Carbon Dioxide (CO2).
A Canadian patent covering this same invention was issued this week. Eden has also sought
application of the patent in Australia, China, Europe, Japan, India, and Korea.
US Patent No. 7,740,031, covers a comprehensive range of methods of accurately blending
hydrogen with natural gas to make Hythane ®, in the correct proportion. This patent also
covers designs for matching the blended low-pressure fuel flow to a downstream compressor
flow (as found in certain refueling station designs). It also covers blending systems that
utilise high-pressure natural gas and hydrogen sources for storage or direct vehicle refueling
of Hythane ® fuel.
Eden’s intellectual property covered under US Patent No. 7,740,010 includes a control
system and strategy for a highly efficient internal-combustion (IC) engines fueled with pure
hydrogen that would be nearly as efficient and clean as some of the world’s best fuel cells but
would use very robust existing internal combustion engine technology.

 

[basilio]

Re: EDE - Eden Energy

I'm really impressed with Eden Energy (and Niokas analysis). I want to get a piece of the action - but I just have to work out what to sell and when....

The trouble is the grass always seems to be greener in another share. I think the temptation of another world changing project always seems more alluring the the world changing projects you have already bought into it..

 

[nioka]

Re: EDE - Eden Energy

I'm really impressed with Eden Energy (and Niokas analysis). I want to get a piece of the action - but I just have to work out what to sell and when....

The trouble is the grass always seems to be greener in another share. I think the temptation of another world changing project always seems more alluring the the world changing projects you have already bought into it..

While I do believe in the future for EDE I am often wrong so please DYOR.

Yes the grass is often greener. (Nioka actually means "green hills".) Sometimes though it often only looks greener.

 

[Mad Mel]

Re: EDE - Eden Energy

In addition to the items that nioka listed, there's even a bit of forward movement in the little bit of O&G holdings that EDE still has. The operator of the shared licence that Eden has in the UK is planning to drill an exploration bore.

http://www.walesonline.co.uk/news/w...drilling-in-vale-of-glamorgan-91466-28247371/

 

[nioka]

Re: EDE - Eden Energy

Big move up for EDE today on the back of a new process for the production of carbon fibres. The new process will allow the production of greater volume at lower cost using the current equipment.

EDE up 50%. Shows it pays to maintain the faith.

 

[bbker]

Re: EDE - Eden Energy

Maybe we really will see 25+ tonnes of nanotubes soon and is the only Aus coy?

I wonder what else is cooking

 

[nioka]

Re: EDE - Eden Energy

More on the carbon fibres;

ASX- listed Eden
Energy Limited (ASX:EDE)

Eden announced today that the breakthrough meant major time, cost and output gains in the current high production costs for the catalysts , an essential manufacturing step to producing such nano-carbon products as carbon nanotubes and nanofibers.

The breakthrough has been achieved by Eden?s Colorado-based subsidiary, Hythane Company LLc.

Eden's Executive Chairman, Mr Greg Solomon:
The new process works for a variety of catalyst compositions, reduces the quantity of
chemicals needed, is easily scalable for higher production and eliminates the majority of the time and labor needed for previous catalyst production methods.

For the production of nano-carbon with specific structure and physical properties, the
composition and atomic-level crystalline structure of the elements in the catalyst is critical.

In addition, the catalyst particle size and surface area can have significant effects on the total nano-carbon production yields and the stability of carbon growth on the catalyst.

With the new catalyst production process, Hythane Company has reduced the particle size range from approximately 100 micron down to about 1 micron. In addition, the bulk
densities of the catalyst powders have been reduced by a factor of about five, an indication of the micro-porous structure and much higher surface area created by the new method.

In tests to-date, catalysts made with the new process have increased both multi-wall
carbon nanotube (MWCNT) production and carbon nanofibres (CNF) production yields by
about 20%. Several published studies of MWCNT production show maximum yields of
about 30 grams of carbon per gram of catalyst.

Hythane?s catalysts have demonstrated mass ratios approaching 40 grams of MWCNT
product per gram of catalyst. With CNF production we can produce up to 225 grams of
carbon CNF per gram of catalyst which is a higher ratio than we have found in any
published literature.

This new catalyst production method can also be used for a wide range of other catalyst compositions, not just nano-carbon production but many other chemical processes which use similar catalysts. Our new equipment will be used for research to further refine and optimize the best catalyst composition to make different, specific nano-carbon products, better yields, and faster carbon growth.?

Eden says the new catalysts are produced in a simple, one-step reactor, and the total
production process has been reduced from six steps to two.

Previously, catalyst production batches were a two-day process with about 10 hours of labor involved. The new process equipment is semi-continuous and can produce 15 times more
catalyst in the same two days, with only 2 to 3 hours of actual labor involved, saving 15% to 20% of the total MWCNT production costs at full capacity.

The current equipment can produce enough catalyst for 20 tons per year of multi-wall carbon nanotube product, or enough catalyst for over 120 tons per year of carbon nanofibres, according to Hythane Company estimates.

 

[prawn_86]

Re: EDE - Eden Energy

Definitely a bottom drawer stock. My old man has some basically on the premise that one day they might actually be able to comercialise some of their technology. He bought significantly higher than where they are now, but still holding and i will inherit them one day...

 

[nioka]

Re: EDE - Eden Energy

My old man has some basically on the premise that one day they might actually be able to comercialise some of their technology. QUOTE]

This is commercialisation. The optiblend kit is also commercialisation. Hythane is being trialled for commercialisation. Commercialisation is happening.... at last.

 

[prawn_86]

Re: EDE - Eden Energy

This is commercialisation. The optiblend kit is also commercialisation. Hythane is being trialled for commercialisation. Commercialisation is happening.... at last.

It does look promising i admit, just a matter of wait and see if they can make it as profitable as they suggest (and we hope).

Out of interest, im at work and cant check, what is their current market cap?